Clarification on Concept of freight inward & outward
This query is : Resolved
25 March 2009
Can anybody explain concept of freight inward & freight outward. How Freight paid on material sent directly to site and not bought to factory will be classified i.e inward or outward freight.
25 March 2009
When material brought to factory or sent to site for use, the freight paid is freight inward..
Where as when freight paid for delivery of finished goods is called freight Out ward.
Freight incurred to send Material to site directly is freight in ward .
Where as when freight paid for delivery of finished goods is called freight Out ward.
Freight incurred to send Material to site directly is freight in ward .
25 March 2009
Yes. I agree with Mr.Pattanayak's view.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- House Property Reporting in ITR
- Internship/Academic shown in Salary Pay Slip of a Doctor
- TDS Claim year
- TDS Challan Code
- Refund of 20%pre-deposit paid for stay application
- Relief u/s Section 89
- Nomination of Bank for refund in itr 2
- Rent lease agreement
- Merchant Export Accounting
- SGST balance is there in credit ledger how to adjust for cgst
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
